The controlling account in the general ledger that summarizes the individual customer accounts in the subsidiary ledger is entitled a. Fees Earned b. Accounts Payable c. Accounts Receivable d. Purchases

The correct answer is (c)

Explanation:

A controlling account is an adjustment account for which a subsidiary ledger is generally created. It helps to further track the transactions in detail. A controlling account is an account in the general ledger that is entitled as accounts receivable. This account includes a separate account for every single customer who makes a credit purchase.

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